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AUSTRALIAN COAL PRICES
5 world market themes for the week aheadGlobal markets are watching closely as a U.S.-Iran deal faces crucial weeks. Key economic data from the U.S. and Australia, along with Colo...- Is the Iran war just an energy shock - or a turning point?A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a ...
- Global Markets: Australian shares end flat as banking losses overshadow miners' gainsAustralian shares closed nearly flat as bank losses offset resource gains, with U.S.-Iran tensions and sticky inflation weighing on sentime...
- Coal gasification can raise India's resource security amid decarbonisation uncertainties: ReportWhile coal gasification presents uncertain decarbonisation outcomes, it can play a crucial role in strengthening the country's raw material...
- Global Markets | Australian shares fall as U.S.–Iran impasse, inflation jitters curb risk appetiteAustralian shares closed at their lowest in nearly four weeks on Tuesday as stalled U.S.-Iran peace talks and caution ahead of domestic inf...
- Steel to stay costly through 2026, India to lead demand rebound in 2027: ReportGlobal steel demand will stay weak, growing just 0.3% in 2026, with China dragging growth while India emerges as a strong outlier. Despite ...
- China and India lead modest revival in Asia thermal coal importsThermal coal imports in Asia show signs of recovery. Lower prices attract major buyers like China and India. China's Australian coal import...
- Global steel prices set to stabilise in 2023, says CRISIL RatingsFollowing the global trend, domestic steel prices are expected to soften only a minimal 2-4% on-year (for flat steel) in fiscal 2024, after...
- China’s boycott of Australian coals helps IndiaAustralia is the worlds largest exporter of coming coal, which is used in making steel. It is also the worlds second latest exporter of The...
- Australia PM warns of 'lose-lose' in any China coal shiftChinese media on Monday reported that China's top economic planner had granted approval to power plants to import coal without clearance re...
- China, Korea to buy coal from Adani Group’s Australia MineChina and South Korea are keen to buy coal from the Adani Group’s $16 billion Carmichael coal mine project in the Galilee basin.
- Australian coal prices put GVK, Adani group projects at riskThe Oz govt has forecast no recovery in coking coal prices in the near term, prompting a leading think tank to warn against any public inve...
- Lanco Infratech believes Australian coal asset will yield reasonable returnsLanco has recently said that it may divest its coal asset but may not get very good valuation as the benchmark thermal coal price has halve...
- SAIL to pay $ 148/t to Australian coking coal suppliers in Q3SAIL has agreed to pay its Australian coking coal suppliers $148 for a tonne for October-December quarter.
- Griffin Coal to gain $150 million after Bluewaters Power saleGriffin Coal will supply 1.8 million tonnes of coal for over 25 years as per the agreement reached with Bluewaters Power, he said.
- Global coal prices cool, but weak rupee worries importersPower cos that use imported coal have got a respite from skyrocketing fuel costs but the depreciation of the rupee has limited their gains.
- JSPL to acquire 10% stake in Gujarat NRE's Australian armJindal Steel and Power will acquire a little over 10 per cent stake in Gujarat NRE Coal's Australian subsidiary.
- Mining tax in Australia: Indian steel companies like JSW Steel, SAIL to escape coal burn down underThe 30% tax levied by the Australian government on mining companies in the resource-rich country is not likely to have much impact on inter...
- Gujarat NRE raises Rs 320 cr, to expand capacity in AustraliaGujarat NRE Coking Coal, an Australian subsidiary of Gujarat NRE, has raised Rs 320 crore through an institutional placement.
- Coal SPV eyes 10% in Australian minerInternational Coal Ventures (ICVL), the special purpose vehicle (SPV) formed by five large public sector units for scouting coal properties...
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